Sean Coakley Acquires Industrial Property In Bronx For $1.5M
780 E 135th St, The Bronx, NY 10454, USA
$17,500,000
$20/SF
Building Size
840,000 SF
Asset Type
Industrial
Closing
Nov 25, 2019
AI
The industrial property located at 715 East 136th Street & 734 East 137th Street in Bronx has been sold. The transaction took place on July 28, 2021, with a sale price of $1,500,000. The property spans a total of 7,011 square feet, resulting in a price per square foot of $213.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,500,000
- Address: 715 East 136th Street & 734 East 137th Street
- Market: Bronx
The buyer of the property is Sean Coakley, while the seller is Dominic Valente. The deal was facilitated by brokers Josh Neustadter and Jonathan Squires from CushWake.
Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93